Tate Speech - January 01, 2021


EP180 - THE SECRET TO FAST MONEY

Hosted by
Mentioned
Covid Podcast with Andy Popescu & Tate EP168 - The BEST Car Collection on Earth

Episode Stats


Length

8 minutes

Words per minute

204.29

Word count

1,699

Sentence count

160


Transcript

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Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:06.000 Speed is immensely powerful.
00:00:10.000 I've talked about this before.
00:00:11.000 Any of you who are in the war room or my private networks or your students of mine, I always say lesson one, lesson one is speed.
00:00:17.000 Speed kills.
00:00:20.000 It's nearly impossible to punch someone quickly and not hurt them.
00:00:23.000 What a crunching shot!
00:00:26.000 Speed is force, speed is fast.
00:00:28.000 If a plane is flying through the air and the engine is cut off, it doesn't fall.
00:00:32.000 Lives because it has speed.
00:00:34.000 In fact, if the engine's cut, but a bunch of little seagulls got behind it and start pushing it, as long as it has speed, it won't fall.
00:00:42.000 Speed is the only force that can defy gravity.
00:00:45.000 Speed is immensely powerful.
00:00:48.000 And what you'll notice is that rich people live very fast lives, and poor people live very slow lives.
00:00:55.000 So a poor person gets up, goes to work, sits in the traffic, comes home from work in the traffic, watches TV.
00:01:02.000 In two months, he has a holiday.
00:01:04.000 He's going to go to Spain.
00:01:06.000 Gets up, goes to work slow.
00:01:09.000 Rich people, private jet here, bang, dinner, back on the plane, sleeps on the plane, wakes up on a completely new continent.
00:01:15.000 Dinner here, dinner here, gets on a boat, goes there, buys a new car, boom, fast, You're always doing things fast.
00:01:22.000 Your speed of life is dictated by the amount of money you have.
00:01:25.000 In fact, I live extremely fast.
00:01:28.000 Tate, is your life actually that good?
00:01:30.000 Last seven days of my life, I'm supposed to be going on a supercar ride.
00:01:34.000 Supercar rider gets cancelled.
00:01:35.000 Charter plane to Ibiza.
00:01:37.000 Stay in the Seven Pines Resort, one of the most luxurious hotels in the world.
00:01:45.000 I spent 25,000 euros in Ibiza.
00:01:47.000 I'm chilling, right?
00:01:48.000 This bitch hit me up on Instagram.
00:01:50.000 She's like, come to Moscow, come to Moscow.
00:01:52.000 I'm like, bitch, Putin won't let me in Moscow.
00:01:54.000 It's COVID.
00:01:55.000 I can't get a visa.
00:01:56.000 She's like, please come.
00:01:57.000 I see pictures of her big ass titties.
00:01:58.000 I'm like, I'm not on Moscow.
00:02:00.000 Hit the war room.
00:02:01.000 War room.
00:02:01.000 I need documents.
00:02:02.000 Bang, bang, bang, bang.
00:02:03.000 Got a guy in Moscow.
00:02:04.000 I now work for his company.
00:02:06.000 Boom, boom, boom.
00:02:06.000 Get the visa.
00:02:07.000 Bang.
00:02:07.000 I go to Moscow.
00:02:08.000 I'm pumping this hoe.
00:02:10.000 Walking around Red Square and shit like a G. Finish there.
00:02:13.000 Private plane to Warsaw, Poland.
00:02:15.000 And I thought, you know what?
00:02:16.000 Supercar ride will cancel.
00:02:17.000 I haven't driven in a while.
00:02:18.000 When I get to Poland, I won't call.
00:02:20.000 One phone call.
00:02:21.000 Two of my 17 supercars from Booker's, Germany, go pull their truck and run it to Warsaw.
00:02:32.000 I get to the five-star hotel.
00:02:34.000 I've got two supercars waiting for me out front.
00:02:37.000 I land here, I tag myself, and then some Polish moles slide into my DMs because they heard I'm in the sea, and me and T have to go out and deal with those two bitches.
00:02:46.000 Woke up this morning, pushed the bitch out the way, went for the bucket, swung on a bitch, fell in the box, and don't bucket.
00:02:57.000 Went to the gym, drove around the city, did a police stalk to me, went to Louis Vuitton.
00:03:02.000 And it's Friday, what are we doing tonight?
00:03:07.000 We're going to the fucking club.
00:03:09.000 Don't ask me about my life, pussy.
00:03:11.000 Worry about yours.
00:03:13.000 And a fast life requires a lot of money.
00:03:17.000 And people often say to me, well, yeah, you live a fast life because you have money to spend.
00:03:21.000 And that made me think about something else.
00:03:23.000 Not only do rich people live fast lives, but rich people have fast money.
00:03:29.000 And poor people have slow money.
00:03:32.000 Because when you're not making very much money, You need to hold on to it for long periods of time.
00:03:38.000 You need to save in case something goes wrong.
00:03:41.000 It's the first of the month and your rent is due on the 30th.
00:03:43.000 So for 29 days, you have to hold on to that money.
00:03:46.000 You have to sit there and just slowly hold it.
00:03:48.000 Your money is slow.
00:03:49.000 Your money doesn't go anywhere very quickly.
00:03:51.000 You don't have much of it, but it comes in the bank.
00:03:54.000 You try not to spend it and it just basically sits around doing nothing.
00:03:58.000 Rich people have very fast money.
00:04:01.000 Rich people, the same day the money's in, it's out.
00:04:05.000 Like if you send me $100,000 right now, I don't need it.
00:04:08.000 I don't need it.
00:04:09.000 I don't need to save it.
00:04:09.000 I don't need to spend it.
00:04:10.000 I don't need it.
00:04:11.000 I don't need to pay rent.
00:04:12.000 I don't need it.
00:04:12.000 So, what am I going to do?
00:04:13.000 I'm going to invest it.
00:04:14.000 I'm going to buy something.
00:04:15.000 You give me 100 grand at 9 a.m.
00:04:17.000 By 10 a.m., it's either in stocks, shares, crypto, or a wall card.
00:04:21.000 It's gone.
00:04:22.000 Money in, money out.
00:04:23.000 Bang.
00:04:24.000 People think rich people are sitting on these huge pools of money.
00:04:27.000 And some of them are, the older ones.
00:04:28.000 But the new generation, the young generation of rich people, they don't have huge sums of money.
00:04:34.000 They just have very fast money coming in all the time.
00:04:38.000 So, if I know I have a bill, Or the end of the month, I don't need to save for it because I get paid every single day.
00:04:43.000 Every single day, money comes into my account, and I know that the day before that bill comes, enough money for the bill will come.
00:04:49.000 Imagine I said to you, You have $20,000 coming to your bank every single morning, 9 a.m. every day for the rest of your life.
00:04:56.000 You spend all that money every day.
00:04:58.000 You spend that money.
00:04:59.000 You jump on private planes, you buy supercars, you go to the club, you spray champagne everywhere, you do whatever you wanted hotel, five star suites, bang, bang, bang, rent a yacht, the money because it doesn't matter because next day, new money comes.
00:05:10.000 That's rich.
00:05:11.000 Rich is not having a big pool of money.
00:05:13.000 Rich is having money coming all the time.
00:05:15.000 And when the money comes all the time, you're going to spend it all the time.
00:05:18.000 When you spend it all the time, you're going to meet new people.
00:05:21.000 And when you meet new people, they're going to teach you, they're going to make connections and networks, and they're going to allow you to make even more money.
00:05:26.000 So now, after spending $20,000 every day, you're in Ibiza, you're on a boat, you're talking to some other millionaire, you find a way you can work together, you start working together, now you make $25,000 every day.
00:05:36.000 But the money is fast.
00:05:38.000 It's coming in, it's coming out quickly.
00:05:39.000 Boom, And the way you get richer is for more and more to turn up each day, not to save more and more in a stagnant pool.
00:05:47.000 Which is what poor people do and what poor people think rich people do, but we don't.
00:05:51.000 My money is extremely quick.
00:05:53.000 I do not hold on to money.
00:05:54.000 I will never hold on to money.
00:05:56.000 What I'll do is I will spend my money to buy things that allow more money to turn up in my bank, or like a property or rental property, whatever it is, or a cryptocurrency.
00:06:06.000 Or what I'll do is I'll spend my money on experiences and networking that allow me to meet rich people, which I can use my friendship with to make even more money.
00:06:16.000 My money is a tool which is quickly destroyed, I quickly blast it.
00:06:21.000 Into an asset or an experience or a lifestyle, something that allows me to get more money and fast.
00:06:28.000 Poor people get their money and hoard it like little cowards.
00:06:31.000 They're afraid.
00:06:33.000 So, fast money and slow money are different things.
00:06:37.000 In Hospital University 2.0, we teach about fast money.
00:06:41.000 I don't teach you how to save more money in a stagnant pool because that's the way you're.
00:06:45.000 Listen, if you do that, you're always going to be poor.
00:06:49.000 Think how long it's going to take you to save a million dollars.
00:06:52.000 And think how little a million dollars is.
00:06:54.000 You're not even rich with a million dollars.
00:06:55.000 You can't even buy most houses on a nice street with a million dollars.
00:06:58.000 One house.
00:06:59.000 How are you going to have an appropriate portfolio?
00:07:01.000 How are you going to have a supercar collection?
00:07:03.000 I have $10 million of cars.
00:07:06.000 You can't just save money in a stagnant pool.
00:07:08.000 You need to learn how to get fast money.
00:07:11.000 You have to take the money you have and buy the right things quickly so that more comes in so you can buy more.
00:07:17.000 It's a spiral, it's a tornado that leads up to infinity and leads to the top.
00:07:21.000 You're rich like me, where hundreds of thousands a month just appear.
00:07:25.000 And I'm just trying to buy it.
00:07:27.000 Buy me houses, buy me cryptos, buy me cars.
00:07:30.000 Buy me how much of the plane?
00:07:32.000 Sure.
00:07:33.000 Send the money away.
00:07:34.000 Get rid of the money.
00:07:34.000 I'm trying to spend my money.
00:07:36.000 My money is so quick.
00:07:37.000 This is what Hustlers University is about.
00:07:38.000 This is what we're going to teach you on a smaller scale.
00:07:40.000 It doesn't matter if you have $1,000 a day turning up.
00:07:42.000 If you start to spend that money in the right places, that will become $1,200, $1,400, $1,600.
00:07:47.000 This is what we teach.
00:07:48.000 In the link, in the description, is a link to a full presentation on Hustlers University where I teach you and tell you everything I know about money from head to toe.
00:07:57.000 There are 21 professors teaching 21 modern wealth creation methods.
00:08:00.000 And the presentation, which I want to show you, is completely free.
00:08:04.000 Link in the description.
00:08:05.000 You click it.
00:08:06.000 It's completely free, and you're going to watch that and learn everything about Hustlers University, which is the only resource in the world which teaches you the reality of money.
00:08:14.000 And if you have half a brain, take an hour from your life and watch that presentation.